• Tech News
    • Games
    • Pc & Laptop
    • Mobile Tech
    • Ar & Vr
    • Security
  • Startup
    • Fintech
  • Reviews
  • How To
What's Hot

ChatGPT Has Been Sucked Into India’s Culture Wars

February 8, 2023

Meet The Start-Up Founder Connecting Arrestees To Free Legal Support

February 8, 2023

PomaBrush review

February 8, 2023
Facebook Twitter Instagram
  • Contact
  • Privacy Policy
  • Terms & Conditions
Facebook Twitter Instagram Pinterest VKontakte
Behind The ScreenBehind The Screen
  • Tech News
    1. Games
    2. Pc & Laptop
    3. Mobile Tech
    4. Ar & Vr
    5. Security
    6. View All

    Bring Elden Ring to the table with the upcoming board game adaptation

    September 19, 2022

    ONI: Road to be the Mightiest Oni reveals its opening movie

    September 19, 2022

    GTA 6 images and footage allegedly leak

    September 19, 2022

    Wild west adventure Card Cowboy turns cards into weird and silly stories

    September 18, 2022

    7 Reasons Why You Should Study PHP Programming Language

    October 19, 2022

    Logitech MX Master 3S and MX Keys Combo for Business Gen 2 Review

    October 9, 2022

    Lenovo ThinkPad X1 Carbon Gen10 Review

    September 18, 2022

    Lenovo IdeaPad 5i Chromebook, 16-inch+120Hz

    September 3, 2022

    YouTube adds very convenient iPhone homescreen widgets

    October 15, 2022

    Google finishes iOS 16 Lock Screen widgets rollout w/ Maps

    October 14, 2022

    Is Apple actually turning iMessage into AIM or is this sketchy redesign rumor for laughs?

    October 14, 2022

    Samsung’s One UI 5 update is largely about personalization

    October 14, 2022

    MeetKai launches AI-powered metaverse, starting with a billboard in Times Square

    August 10, 2022

    The DeanBeat: RP1 simulates putting 4,000 people together in a single metaverse plaza

    August 10, 2022

    Improving the customer experience with virtual and augmented reality

    August 10, 2022

    Why the metaverse won’t fall to Clubhouse’s fate

    August 10, 2022

    How Apple privacy changes have forced social media marketing to evolve

    October 16, 2022

    Microsoft Patch Tuesday October Fixed 85 Vulnerabilities – Latest Hacking News

    October 16, 2022

    Decentralization and KYC compliance: Critical concepts in sovereign policy

    October 15, 2022

    What Thoma Bravo’s latest acquisition reveals about identity management

    October 14, 2022

    What is a Service Robot? The vision of an intelligent service application is possible.

    November 7, 2022

    Tom Brady just chucked another Microsoft Surface tablet

    September 18, 2022

    The best AIO coolers for your PC in 2022

    September 18, 2022

    YC’s Michael Seibel clarifies some misconceptions about the accelerator • DailyTech

    September 18, 2022
  • Startup
    • Fintech
  • Reviews
  • How To
Behind The ScreenBehind The Screen
Home»Startup»TrovaTrip, which matches travel group hosts with travelers, lands $15M – Startup
Startup

TrovaTrip, which matches travel group hosts with travelers, lands $15M – Startup

September 23, 2022No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
TrovaTrip, which matches travel group hosts with travelers, lands $15M – GeekWire
Share
Facebook Twitter LinkedIn Pinterest Email
From left: TrovaTrip CEO and co-founder Nick Poggi; co-founder Lauren Schneider; and CTO Brandon Denham. (TrovaTrip Photo)

TrovaTrip, a Portland, Ore.-based startup that runs a marketplace for group travel, raised $15 million in a Series A round led by Seattle’s Madrona Venture Group.

The company said it had 10X growth in bookings last year despite the ongoing pandemic. Travel companies took a hit when the pandemic began, but some have recovered amid an uncertain economy and the lingering effects of COVID-19 around the world. Expedia Group cited strong travel demand in its most recent earnings report.

Founded in 2017, TrovaTrip helps match travel group hosts with travelers. The “hosts” include content creators on social media who use TrovaTrip to generate revenue from their followers. The company lets them set their own trip prices, and gives them audience research tools to collect market data that help craft itineraries. TrovaTrip partners with tour operators who charge a base rate and provide local guides for each group.

More than 15,000 travelers have booked a trip through the company. It has more than 500 itineraries across 49 countries.

TrovaTrip makes money by charging a 10% service fee and a credit card transaction fee to the travelers.

The company was founded by University of Oregon grads Nick Poggi and Lauren Schneider. It hired Brandon Denham, former engineering leader at Extole and Veeva Systems, as CTO in June 2021.

Group room night bookings were down 18% in August compared to similar time periods in 2019, according to the U.S. Travel Association, while overall U.S. travel spend was around 2019 levels.

Other backers in the Series A round include PSL Ventures, Oregon Venture Fund, Elevate Capital, and Portland Seed Fund. Barney Harford, the former CEO of Orbitz, and Eric Breon, founder and former CEO of Vacasa, are also investors.

See also  Seattle startup ModusBox spins out PortX into new financial services company and raises $10M – Startup

Madrona Managing Director Scott Jacobson has joined the board. Total funding to date is $20 million.



Source link

15M group hosts lands matches Startup Travel travelers TrovaTrip
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

ChatGPT Has Been Sucked Into India’s Culture Wars

February 8, 2023

Meet The Start-Up Founder Connecting Arrestees To Free Legal Support

February 8, 2023

Seagen vets land $4.4M for Univ. of Washington spinout using fresh approach for cancer vaccines – Startup

February 7, 2023

Meet Bard, Google’s Answer to ChatGPT

February 7, 2023
Add A Comment

Comments are closed.

Editors Picks

HyperX Pulsefire Haste- Gaming Mouse Review

February 12, 2022

‘Wordle’ today, July 13: Answer, hints, help for Wordle #389

July 13, 2022

Video Exhibits Pink Matter 2 Pushing the Limits of Quest 2 Graphics

July 21, 2022

Respawn are planning a single-player game set in the Apex Legends universe

July 11, 2022

Subscribe to Updates

Get the latest news and Updates from Behind The Scene about Tech, Startup and more.

Top Post

ChatGPT Has Been Sucked Into India’s Culture Wars

Meet The Start-Up Founder Connecting Arrestees To Free Legal Support

PomaBrush review

Behind The Screen
Facebook Twitter Instagram Pinterest Vimeo YouTube
  • Contact
  • Privacy Policy
  • Terms & Conditions
© 2023 behindthescreen.uk - All rights reserved.

Type above and press Enter to search. Press Esc to cancel.